DAVIDsTEA Inc V.DTEA

Alternate Symbol(s): DTEAF

Consumer Cyclical Specialty Retail

DAVIDsTEA Inc. is a Canada-based tea merchant that offers a specialty branded selection of loose-leaf teas, pre-packaged teas, tea sachets, tea-related accessories and gifts. The Company provides its products through its e-commerce platform at www.davidstea.com and the Amazon Marketplace, its wholesale customers, which include over 4,000 grocery stores and pharmacies in Canada and 170 grocery stores in the United States, as well as 18 Company-owned stores across Canada. It offers primarily proprietary tea blends, as well as traditional single-origin teas and herbs. Its segments include Canada and the U.S. It provides various types of tea, including herbal tea, green, black, white, matcha, rooibos, oolong, Pu'erh and mate. Its tea-related accessories include teapots, teacups, large cups and cups Nordic, travel cups and cups, infusers and other accessories. It offers voted back teas, cold brew teas, iced teas, mocktail teas, tea for kids, garden to cup teas and organic teas.

TSXV:DTEA - Post by User

DAVIDsTEA Inc

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Post by stockfyon Sep 17, 2024 9:45am

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Post# 36226954

Debt-Free DTEA has NEGATIVE Enterprise Value !!!

According to today's report, DTEA remains debt-free with $6.7 million in cash.

Market cap at $0.20 per share is only $5 million, so its Enterprise Value currently is negative.

In other words, DTEA is insanely cheap and Q2, its slowest quarter, is behind us now.

Q3 traditionally is stronger than Q2 because tea consumption rises in Aug-Sep-Oct, and Q4 traditionally is much stronger than Q3 because tea consumption skyrockets in Nov-Dec-Jan.

So the best are ahead.

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